Successful Portfolio Optimization
Emerald Holdings optimized its portfolio by discontinuing several unprofitable events and focusing on high-growth sectors. The company also announced two strategic acquisitions in the luxury travel and insurance technology sectors.
Strong Revenue and EBITDA Growth
For the full year, revenue increased by 4.2% to $398.8 million, driven by a 5.9% organic growth. Adjusted EBITDA grew to $100.2 million from $95 million in the prior year.
Strategic Acquisitions
Emerald acquired 'This is Beyond,' a luxury travel events business, and 'Insurtech Insights,' a leading insurance technology conference producer, expecting these to contribute $40 million in revenue and $15 million in adjusted EBITDA in 2025.
Debt Refinancing
The company successfully refinanced its debt, reducing financing costs by 125 basis points and providing greater financial flexibility.
Positive Cash Flow
Emerald generated $35.5 million in free cash flow for the year, up from $26 million in the prior year, reflecting improved cash management and operational efficiency.